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How do I create a currency account?
How do I create a currency account?
Updated over 4 months ago

You can create a currency account using either the web interface or the Vivid Money App. Here's how:

  1. Open Your Business Account:

    • Navigate to the ‘Accounts’ section on the sidebar.

    • In the web interface, click the ‘New Account’ option at the top right corner.

    • In the Vivid Money App, scroll down and tap ‘New Account.’

  2. Set Up Your Account:

    • Name your new account.

    • Choose your desired currency.

    • Complete the setup.

You can immediately view the details of your currency account.

Please note that IBAN and BIC details vary depending on the currency of the accounts you open.

Local Tab

International Tab

EUR accounts

German IBAN (DE)
BIC: SXPYDEHHXXX

Luxembourg IBAN (LU)

BIC: BCIRLULLXXX

DKK accounts

Only the International Tab is available

Denmark IBAN (DK)

BIC: SXPYDKKKXXX

Other currency accounts

Aside from DKK and EUR

Only the International Tab is available

Luxembourg IBAN (LU)

BIC: BCIRLULLXXX

Is there any associated fee for opening a currency account?

Opening a currency account account is free of charge. However, each tariff plan has a limit on the number of accounts you can open. If you exceed this limit, an additional monthly fee per account will apply.

For more details about account limits and associated fees, please refer to this page.

Additionally, we do not impose any fees for currency conversion between accounts. This means you can transfer funds from your EUR account to a currency account account, and vice versa, at no extra cost!

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